For each of the following payments, indicate the form (Form W-2, W-4, W-2G, 1099-B, 1099-DIV, 1099-INT, 1099-MISC, or 1099-R) that should be used to report the payment.
a.Dividends from a mutual fund
b.Las Vegas gambling winnings
c.Interest paid by a bank
d.Payment of salary and commissions to an employee
e.Distribution from an IRA account
Correct Answer:
Verified
Q41: The original copy of all Forms W-2
Q42: A credit against the FUTA tax is
Q43: In 2019, Willow Corporation had three employees.
Q44: The Pear Corporation pays its employees every
Q45: Provide answers to the following questions:
a. What
Q47: The FUTA tax is paid by:
A)Employees only.
B)Employers
Q48: Which one of the following payroll tax
Q49: When required, gambling winnings are reported by
Q50: Form 1099-DIV is an information return used
Q51: Which of the following statements is true
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